Sentences with phrase «u.s. debt default»

In the last few years we've had a housing bubble, a credit bubble, runaway government spending, soaring gas prices, a global recession, high unemployment, the risk of a U.S. debt default, a fiscal crisis in Europe, and the threat of severe inflation.

NEW YORK — The prospect of a U.S. debt default has unnerved investors, corporate executives and foreign leaders.

Compared to most other countries» sovereign debt, there is little risk of a U.S. debt default.

WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday.

For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying.

Not exact matches

Moody's said it will review the credit rating, noting there is a small but rising risk that the U.S. will default on its debt.

U.S. President Barack Obama speaks in a rare prime - time address as polarized lawmakers failed to rally behind a plan to avert a disastrous debt default perhaps just one week away.

«But Clinton is convinced that most American voters did not intend to greenlight a radical anti-govenrment agenda and were appalled by the near default on U.S. debt and the downgrading of U.S. Treasuries.

Standard and Poor's, which downgraded the U.S. to AA + in 2011, has kept its U.S. outlook at «stable,» but has said it will lower the rating to «selective default,» or SD, if the Treasury misses any debt payment.

The 2011 showdown that led the U.S. to the brink of a debt default and then a government shutdown was about ideology and party politics.

His aides have made clear they believe the U.S. public would blame Republicans - not Obama - if the nation is forced into a debt default that he has said would be «catastrophic» for the world economy.

What will happen if the U.S. defaults on its debt obligations?

After pinching pennies to avoid a U.S. default on debts in July, U.S. Treasury Secretary Tim Geithner now insists Uncle Sam will have to break its obligations to creditors in August unless the federal government's debt ceiling is raised.

Irish betting site Paddy Power is now listing the odds of the U.S. lifting its debt - ceiling at 1/5 ($ 1.20 return for $ 1 stake) and the odds of default at 3/1 ($ 4 for $ 1 stake).

In case of a serious default, one in which the U.S. postpones or suspends any debt payments, «Canadian yields could actually drop as a result of both the economic slowdown and safe - haven flows,» Shenfeld wrote in a recent research note.

«And even more importantly, a failure to promptly raise the debt ceiling, leading to a U.S. selective default, could seriously damage the global economy and financial system.»

The U.S. seemed to take a few steps back from the brink of debt default Friday, but the edge stills seems dangerously close.

The cliff is the default outcome of the Budget Control Act of 2011, a federal statute that helped bring the U.S. debt - ceiling crisis to an end.

Moreover, as the one faction in Congress willing to see the U.S. government default on its debt, they have greater influence than their numbers would suggest.

CNBC's John Harwood with a look at JP Morgan Chase CEO Jamie Dimon and today's speech at the US Chamber of Commerce event, where he criticized the extent of Dodd - Frank regulation and the possibility the U.S. may default on its debt by not raising the debt limit.

In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.

The U.S. banks are not vulnerable to the contagion effects of a debt default by the PIIGS but Washington has some major league debt issues of its own.

Among the 28 U.S. companies that defaulted on their debt through May this year, 11 were energy firms with $ 3.5 billion in outstanding obligations, according to Fitch Ratings Ltd..

«The consequences of a debt default would be harmful not only to the U.S. economy but also globally, given the importance of the U.S. Treasury market as a global financial benchmark,» they wrote.

One third of U.S. real estate already is reported to have sunk into negative equity, squeezing state and local tax collection, forcing a choice to be made between bankruptcy, debt default, or shifting the losses onto the shoulders of labor, off those of the wealthy creditor layer of the economy responsible for loading it down with debt.

The Pennsylvania legislature recently passed a bill that will ensure borrowers are up - to - date on their student loan debt.The average Pennsylvania college student graduates with $ 35,000 in student loans, which is higher than any other state in the U.S. And within three years of graduation, 10 percent of Pennsylvania student loan borrowers default on their debt.In order to combat this problem, the Pennsylvania House of Representatives recently passed a bill that would ensure students stay informed about how much debt they are accumulating.HB 2124 would require all colleges and universities to provide annual notices to students about their outstanding student...

Many U.S. oil wells became unprofitable to drill, yet continued to drill to avoid defaulting on their outstanding debt.

Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar currency exchange rates Quantitative easing may not have set out to disrupt the global trade and financial system or start a round of currency speculation, but that is the result of the Fed's decision in 2008 to keep unpayably high debts from defaulting by re-inflating U.S. real estate and financial markets.

For roughly three decades, U.S. non-financial corporate debt as a percentage of U.S. nominal GDP and the high yield default rate moved in tandem.

According to Bloomberg sources, «the White House would like to extend the debt limit long enough to move back the threat of a U.S. default until after Congress can deal with funding for the full federal fiscal year and tax legislation the Trump administration backs.»

While a U.S. judge awarded the holdouts $ 1.7 billion in a ruling, Argentina decided to default on its debt again in 2014 rather than pay them.

«Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset,» Zezas adds.

Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset.

The U.S. has no other feasible alternative than DEFAULT ON THE DEBT OR DEVALUE THE DOLLAR... and rest assured Washington will elect for the latter by trashing the greenback, which will catapult the gold and silver prices into orbit.

Failing to raise the debt limit would risk a market - shattering first - ever U.S. default.

The U.S. territory, whose economy has been in recession since 2006, is expected to default on $ 1.9 billion of debt payments due on July 1.

Tensions between the two states mounted in August 2014, when a U.S. court declared Argentina's plan to address its debt default to be illegal.

FRA: Could the rising interest rates in the U.S. cause us strengthening in the dollar (22:46)... rising defaults in the U.S dollar denominated debt in emerging markets which is estimated approximately $ 9T?

That could set up another showdown like those that took place in 2011 and 2013 — when lawmakers brought the government to the brink of defaulting on U.S. debt, leading Standard & Poor's to downgrade the nation's credit rating for the first time.

This has left the U.S. economy with a much more leveraged balance sheet than before the last crisis, and with much greater sensitivity to equity risk and debt default than at any point in history.

The only way the U.S. will immediately default upon reaching the debt ceiling is if the government actively chooses to do so by not making debt payments.»

Looming in the background is the possibility that Congress will not vote to raise the debt ceiling, forcing the U.S. to default for the first time in history.

The U.S. is scheduled to hit the debt ceiling in March 2015, setting the stage for a political showdown as the potential for default is leveraged for political concessions.

The legislation ensures the U.S. avoids defaulting on its debt, and would withhold congressional pay until Congress passes a budget.

Washington (CNN)-- A back - up plan proposed by Senate Republican Leader Mitch McConnell that would keep the U.S. government from defaulting on its debts next month is viable and under consideration by Senate Democrats, according to Sen. Dick Durbin, the No. 2 Democrat in the chamber.

(CNN)- Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.

December 30, 2015 • Puerto Rico has a billion dollars in debt payments due January 1 and the U.S. territory's governor says the island may default.

[i] See Susan P. Choy and Xiaojie Li (2006), «Dealing With Debt: 1992 — 93 Bachelor's Degree Recipients 10 Years Later,» Postsecondary Education Descriptive Analysis Report NCES 2006 - 156, Washington, DC: U.S. Department of Education; Erin Dillon (2007), «Hidden Details: A Closer Look at Student Loan Default Rates,» Washington, DC: Education Sector.

In 2006, a U.S. Department of Education report noted that black graduates were more likely to take on student debt, and in 2007, an Education Sector analysis of the same data found that black graduates from the 1992 - 93 cohort defaulted at a rate five times higher than that of white or Asian students in the 10 years after graduation (Hispanic / Latino graduates showed a similar, but somewhat smaller disparity).

Unfortunately, because the U.S. Department of Education does not regularly track borrowers by race, data limitations have hampered efforts to connect research on racial gaps with detailed new studies of debt and default patterns.